PeckShield Identifies $5.9 Million Loss in Recent Crypto Hack

2026-05-07 12:12

Blockchain security firm PeckShield has reported a significant security breach resulting in a $5.9 million loss for an unnamed project. The hack highlights ongoing vulnerabilities within the cryptocurrency sector, emphasizing the need for enhanced security measures. In other developments, BlackRock's Bitcoin ETF experienced substantial activity, with net inflows of 1,507 BTC valued at approximately $134 million in a single day. Additionally, BlackRock's ETH ETF saw net inflows of 300 ETH, contributing to a trading volume of $300 million. Meanwhile, total net inflows into Bitcoin ETFs reached $45.85 million, reflecting strong institutional interest.

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